TITLE:
An Analysis on the Relative Efficiency of Furniture Enterprises in Guangdong Province Based on DEA-BCC and Clustering Method
AUTHORS:
Ying Ma
KEYWORDS:
Furniture Enterprises, Operating Efficiency, DEA, Cluster Analysis
JOURNAL NAME:
Open Journal of Business and Management,
Vol.4 No.2,
April
27,
2016
ABSTRACT: Constructed the empirical model for the study of the differences of the operational efficiency of
furniture enterprises in Guangdong province, evaluated the technical efficiency, pure technical efficiency
and scale efficiency of these furniture enterprises with DEA and took pure technical efficiency
and scale efficiency as variables for cluster analysis. According to the results, we divided
furniture enterprises into four types: inefficient management, efficient management, invalid
management and invalid size. Then, the connotation, characteristics and the improvement of different
types were discussed. Studies have shown that the reasons for the inefficiency lie in the allocation
of resources, improving the existing resource input and output portfolio and effectively
controlling the waste of resources are the crucial solution.